What happens when you cancel a debt with a 1099-C?
But it’s the Form 1099-C, Cancellation of Debt, that plagues people the most. When your lender forgives debt responsibility, you’re then obliged to pay ba...
What makes a state a state?
It must have a territory, with a permanent population, subject to the control of a government, and the capacity to conduct international relations (sovere...
When do you claim the child care tax credit?
You claim the credit when you file your federal income tax return. You can claim the Child and Dependent Care Credit for “qualifying individuals.” A quali...
How do you pay taxes on sales?
How to Collect, Report, and Pay Sales Tax Determine if your product or service is subject to sales tax. Register for a sales tax permit. Calculate the sal...
Can I get my money back from timeshare?
In most cases, it’s nearly impossible to secure a refund for a timeshare, unless you cancel the contract within the rescission period—something I once did...
What is collaborative author?
A group author (also called collaborative author) is a group name (such as “CONSORT Group” or “AHA Heart Failure Taskforce” or “XY Workshop Members”), whi...
Does Minnesota require sales tax on services?
Services in Minnesota are generally not taxable. What is subject to sales tax in Minnesota? Goods that are subject to sales tax in Minnesota include physi...
Do I need to register my new laptop?
In the United States registration is not necessary in order to receive service under warranty. You must be able to provide proof of purchase, however. To ...
What should my retirement contribution be?
Most financial planning studies suggest that the ideal contribution percentage to save for retirement is between 15% and 20% of gross income. These contri...
What does it mean to take a lump sum payment?
A lump-sum payment is an often large sum that is paid in one single payment instead of broken up into installments. They are sometimes associated with pen...
